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Re:Europe is in danger of rolling electricity shortages by hackerlight on Sunday September 25, 2022 @01:50PM (#32973938)
A higher FX is usually neither here nor there and whether it's desirable depends on the makeup of exports vs imports. That's why countries often have a fixed peg instead of a "just make it go up" policy.

Russia is the definite loser out of this, and indeed everyone is, the decision to invade was a catastrophe for everyone on multiple levels.

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